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Topic: Holding multiple altcoins - page 9. (Read 24741 times)

legendary
Activity: 1568
Merit: 1002
June 29, 2019, 02:17:57 PM
I think its best option to holding some your assets on windows wallet like that , but I just worried for synchronizing wallet network.. because I always got stuck on sync wallet. I don't know what happen.
And for now , I just hold some assets like ERC20 tokens or coins on MyEtherWallet. Easier to transfer to exchanges and other wallet what we want but If we talk about security , myetherwallet is weak to got hacked. My experience use Myetherwallet is okay , feel comfortable use it.

if so far you are comfortable and safe using the MEW wallet, you should not say the MEW wallet has weak security and easily hacked, because the security depends on the wearer, if the wearer is always careful then keeping the private key safely will keep your wallet still secure
member
Activity: 742
Merit: 10
June 29, 2019, 02:12:28 PM
I think its best option to holding some your assets on windows wallet like that , but I just worried for synchronizing wallet network.. because I always got stuck on sync wallet. I don't know what happen.
And for now , I just hold some assets like ERC20 tokens or coins on MyEtherWallet. Easier to transfer to exchanges and other wallet what we want but If we talk about security , myetherwallet is weak to got hacked. My experience use Myetherwallet is okay , feel comfortable use it.
sr. member
Activity: 2114
Merit: 268
Leading Crypto Sports Betting & Casino Platform
June 29, 2019, 01:43:44 PM
Any offline wallet will make your assets safe like Nano Ledger S although expensive but its worth it in talking of secutity specially if you are holding huge Altcoins.

Yes that’s true and many people share almost same opinion about offline wallets. No need to add anything else. I think the hardest part is to manage all of those alts. You’ll have to put some effort to check their current price and decide to sell or hodl. Too much trouble.
As long we feel safe i think it is worth to do. Like if we must pay transaction fee every we want to trading. If me i'd rather to do it and even i sometime use online wallet like Myetherwallet for my tokens, i always put it back to my wallet if not sell it.
More safe and secure if we are not going to use only 1 wallet but we use more than 2 wallet to storw our coins and tokens and perfect for that is the Myetherwallet tried and tested for almost years and other trusted wallet we can use also.  For now I don't use offline wallet I use only right now online wallet because it is still secure depends on wallet that you use.
Online wallet actualy is already good if we can secure our account. If me, in my laptop that i use to open myetherwallet, i never download anything like files from film, image, audio or anything that can make adware, or maybe malware that can contained in it.
full member
Activity: 784
Merit: 101
June 29, 2019, 11:50:41 AM
Holding multiple altcoins is a strategy that is quite common in the crypto world, and indeed it is appropriate, because crypto movement is very fast and difficult to predict, so it is safer to break it into several altcoins instead of just storing it into 1 altcoin
hero member
Activity: 994
Merit: 501
June 29, 2019, 11:48:30 AM
I hold back some altcoins but all are disappointing, I have not found a really good one to be stored long-term, I prefer to hold bitcoin or ethereum
It's pretty hard to find a good one altcoin outside the top for a long-term holding. It requires a lot of time and researches to find a suitable altcoin. And I also think that it's better to hold coins like BTC or Ethereum.
member
Activity: 798
Merit: 17
Cryptoknowmics - World's First Decentralized Media
June 29, 2019, 11:35:49 AM
I hold back some altcoins but all are disappointing, I have not found a really good one to be stored long-term, I prefer to hold bitcoin or ethereum
at this stage, it is obvious that those who kept Bitcoin won, but this may change, and altcoins will grow much stronger in %% than Bitcoin, that's just not all, of course, and it’s not clear when this will happen.
full member
Activity: 646
Merit: 100
tozex.io
June 29, 2019, 11:29:27 AM
Like the saying,don't put all your eggs in one basket, that would be the reason for diversifying,splitting funds into different coins and so it would also be better to use more than one wallet.  
full member
Activity: 476
Merit: 100
June 29, 2019, 11:27:24 AM
I hold back some altcoins but all are disappointing, I have not found a really good one to be stored long-term, I prefer to hold bitcoin or ethereum
full member
Activity: 476
Merit: 101
June 29, 2019, 11:23:42 AM
Holding multiple coin would be a good idea, but saving on a single wallet, I think, it was too risky, I am not too comfortable about that. Just like what others always do, they keeping Cryptos on multiple wallet to make it more safe.
newbie
Activity: 78
Merit: 0
June 29, 2019, 11:20:11 AM
Am really of the traditional type; don't hold all assets in one wallet. This is hinged on the fear of hack. If there is a cyber-attack, the hacker has access to all your alts and coins.
However, this Holders wallet sounds good. May I will check it out.
Speaking of alts, there's an alt I found recently and have done lots of research about the project. In my personal opinion, the project is strong. Just recently, they signed a partnership with IBM to further strengthen digital assets management system.
MPCXPLATFORM is currently running a double IEOs on OOOBTC and ProBit. XDMC price is dope. Offering at $0.06 with discount upto $0.04 per token.
full member
Activity: 783
Merit: 100
June 29, 2019, 08:02:29 AM
holding lots of altcoins is not a problem if indeed the altcoin has the potential. but I suggest holding a number of altcoins with the potential to avoid losses and risk price dumps.
member
Activity: 686
Merit: 11
June 29, 2019, 07:12:35 AM
The choice of keeping one's crypto assests Is such coming with lots of variables. Why because,  there are lots of wallets available to hold one's coin.
member
Activity: 742
Merit: 16
June 28, 2019, 04:44:24 PM
I prefer holding all my altcoins in a single multiwallet like enjin or coinomi, I don't worry myself of getting hacked because each wallet address generated has different private keys
member
Activity: 308
Merit: 10
June 28, 2019, 11:42:34 AM
For me, no reason to hold multiply altcoins if you are not 24/7 trader. The philosophy is in quick sell of tokens that shows growth better than Bitcoin.
I belive in Komodo. My portfolio is Komodo+Bitcoin
sr. member
Activity: 627
Merit: 250
The Pope Of Dope
June 28, 2019, 11:37:37 AM
For sure the best way use several wallets because if you are holding all alts in one wallet and it will be hacked, you'll lose all of your coins. I just think safely. Obviously don't see any reason to hold all eggs in one pocket.
sr. member
Activity: 1624
Merit: 267
June 28, 2019, 11:30:59 AM
Any offline wallet will make your assets safe like Nano Ledger S although expensive but its worth it in talking of secutity specially if you are holding huge Altcoins.

Yes that’s true and many people share almost same opinion about offline wallets. No need to add anything else. I think the hardest part is to manage all of those alts. You’ll have to put some effort to check their current price and decide to sell or hodl. Too much trouble.
As long we feel safe i think it is worth to do. Like if we must pay transaction fee every we want to trading. If me i'd rather to do it and even i sometime use online wallet like Myetherwallet for my tokens, i always put it back to my wallet if not sell it.
More safe and secure if we are not going to use only 1 wallet but we use more than 2 wallet to storw our coins and tokens and perfect for that is the Myetherwallet tried and tested for almost years and other trusted wallet we can use also.  For now I don't use offline wallet I use only right now online wallet because it is still secure depends on wallet that you use.
member
Activity: 328
Merit: 10
June 28, 2019, 11:23:50 AM
Since I joined the crypto currency, I have never held altcoin more than three, because I am more focused on the one that I did, indeed sometimes it is more profitable when we hold a number of altcoins and the risk of loss that will arise is smaller If holding several altcoins  different
sr. member
Activity: 2114
Merit: 268
Leading Crypto Sports Betting & Casino Platform
June 28, 2019, 11:12:40 AM
Any offline wallet will make your assets safe like Nano Ledger S although expensive but its worth it in talking of secutity specially if you are holding huge Altcoins.

Yes that’s true and many people share almost same opinion about offline wallets. No need to add anything else. I think the hardest part is to manage all of those alts. You’ll have to put some effort to check their current price and decide to sell or hodl. Too much trouble.
As long we feel safe i think it is worth to do. Like if we must pay transaction fee every we want to trading. If me i'd rather to do it and even i sometime use online wallet like Myetherwallet for my tokens, i always put it back to my wallet if not sell it.
member
Activity: 416
Merit: 21
June 28, 2019, 10:31:04 AM
Yes, it is always good to bold multiple coins in the market because if you hold the only coon it will damage you a lot. Multiple coins investing will help you to make some decent profit either in one coin. That's how the cryptocurrency market situation is going to be.
full member
Activity: 770
Merit: 100
Oikos.cash | Decentralized Finance on Tron
June 28, 2019, 10:23:45 AM
I prefer to store my crypto in a proven wallet like TrustWallet and Ledger Nano. Open source wallet maybe be ideal but I wouldn't want to risk my funds just to be proven wrong.
Ledger is a great choice. I also think that this is one of the safest wallets. I have a Ledger and soon I want to buy a new version of this wallet
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